Oct 16, 2012 11:00pm EDT
, lot of people focused on citi, you know what was the best story of the day? did anyone mention johnson & johnson? fantastic first quarter, i liked it. just remember, i'm jim cramer, see you tomorrow. ♪ [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. syou know, i've helped a lot off people save a lot of money. but today...( sfx: loud noise of large metal object hitting the ground) things have been a little strange. (sfx: sound of piano smashing) roadrunner: meep meep. meep meep? (sfx: loud thud sound) what a strange place. geico®. fifteen minutes could save you fifteen percent or more on car insurance.
Oct 3, 2012 6:00pm EDT
customers. one of our early earnings -- in mapten, for example, when we opened our first north face store in manhattan, we had -- there was anxiety with our retail customers about that. the brand got stronger in the city and we opened another door the brand still got stronger. there's a tipping point. we have to try to avoid that tipping point. most of our business is as a wholesaler. but we present our brands to consumers in a way no retail partner can. if you go into a north face store or van store, you see all the brands together. we think it makes the brand stronger. it's good for us and them. >> one of the things that people get -- don't understand is that the ag complex doesn't all trade up at the same time. some of the food grains did. but cotton has really gotten cheap. you had very high cotton last year. >> yes, we did. >> is this going through gross margins that cotton's come down so much? >> we had real gross margin challenges last year, particularly in our north american denim business. we lost 400 basis points in gross margins last year. >> gigantic. >> it is gigantic. but we